Village Accountant Mrs. Zar Bibi carried out the audit of Women Organization Chatorkhand Pain II.
This report was presented by LSO on Mrch 10, 2011.
The summery of report is given below:
Total Savings | | 6,23,260 |
In Bank (PLS) | 1,17,444 | |
Loan to members | 4,97,817 | |
Audit Fees | 500 | |
Stationery Exp. | 450 | |
Cash in hand | 7049 | |
Total | 6,23,260 | |
There are 66 members in this W/O. 45% members accessed the loan during this year. The recovery system of loan is not too satisfactory therefore Manager and President of W/O are advised to review the recovery method and take necessary steps to ensure the recovery n time.
Recordkeeping is good but need more work on it for better performance of W/O.
Few clips are as following:
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